SE Summit 08: Tamzin Ractliffe
Tamzin Ractliffe, founder of the South Africa Social Investment Exchange, delivered the closing keynote address at the Social Enterprise Summit 2008.
The South African Social Investment Exchange
“To give away money is an easy matter in any man’s power. But to decide to whom to give it, and how large and when, and for what purpose and how, is neither in every man’s power nor an easy matter.” Aristotle
As well as promoting a new approach to public and corporate participation in social development, SASIX aims to build a culture of accountability for social performance amongst beneficiary organisations.
GreaterCapital, as part of the GreaterGood group, created South Africa’s first social investment ‘stock exchange’ where carefully selected projects are listed and offered to the public as investment opportunities with a social return.
The South African Social Investment Exchange (SASIX) provides independent research, evaluation and monitoring to ensure that listed projects meet a set of criteria, including the ability to deliver measurable returns. These returns are social rather than financial but they are nonetheless vital for development in South Africa.
A prospectus is printed quarterly and detailed Project Proposal Profile documents are available on this website, outlining each investment opportunity. They include a risk analysis, the minimum investment required and metrics portraying the qualitative and quantitative life change that is expected as a result of the project.
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